Performing Multi-Company Accounting in General Ledger
General Ledger provides you with the flexibility to manage your financial information within any company structure. You can maintain multiple companies with similar or different accounting structures, and consolidate their results for meaningful financial reporting.
With a multi-company structure, you can:
- Maintain actual, budget, encumbrance, and average balance information for each of your companies.
- Control security over each company's financial information so that only properly authorized individuals can review or change accounting information.
- Balance your intercompany transactions automatically, to keep your companies properly balanced.
- Produce consolidated reports.
See Also
Choosing Single vs. Multiple Sets of Books for Multi-Company Accounting
Accounting for Multiple Companies with a Single Set of Books
Accounting for Multiple Companies with Multiple Sets of Books
